Thursday, January 25, 2007

KS Oil Benificiary.

The current landed prices of CPO have come down from $602 to $582 per tonne since January, while falling from $728 to $682 per tonne in the case of crude, de-gummed soyabean oil. The retail prices of Palm is at Rs 50 – 60 and the refined oil prices is at Rs 60-70. So the cut in duty prices have positive impact on Ruchi Soya Industries, K.S. Oil Ltd, KSE Ltd, Godrej Commodities and Rasoya Proteins…as raw material cost decreases